Taking out a 2023 Mozo Experts Choice Awards for best No Annual Fee Credit Card is Bank First with its budget friendly Visa Classic Credit Card.
Along with its 12.54% purchase rate, you’ll also have no annual fee, up to 55 interest free days. So if you’re an Aussie with a frequent spending habit or you just need a piece of plastic to help get you through the day, the Bank First Visa Classic Credit Card may be your answer.
The Visa Classic Credit Card will befriend any budget conscious spender, thanks to its no annual fee and low 12.54% interest rate. There is also up to 55 interest-free days on everyday purchases.
If you ever need to postpone paying your full balance, there’s no need to sweat with the minimum repayment amount of $20, or 5%. However, there is a small cash advance fee of $2.50, along with the interest you will be charged, so if you’re someone who always likes to have cash handy, this minor fee could add up over time.
And if you’re a frequent traveller or addicted to international online shopping, be sure to budget for the 2.5% foreign exchange margin.
The Visa Classic Credit Card is a great choice for anyone who’s on the hunt for a low rate card with no annual fee, and isn’t interested in any additional extras.
While Bank First aims to provide simplicity with this low rate card, you’ll need to make sure you repay the minimal balance on time, or face the $20 late payment fee. And if you constantly find yourself on international online stores, the 2.5% foreign margin fee may take a swing at your bank account over time.
12.54% p.a. |
|
none |
|
12.54% p.a. for 0 months and then 12.54% p.a. |
|
none |
|
12.54% p.a. |
|
55 |
$0.00 |
|
none |
|
none |
|
none |
|
$20.00 |
|
$2.50 |
|
3.00% |
|
$2.00 |
|
none |
|
$0.00 |
$20.00 |
|
5.0 |
|
yes |
|
none |
Apple Pay, Google Wallet
Great customer relations and any calls I make I can speak to someone with an Australian accept.
Read full reviewGreat customer relations and any calls I make I can speak to someone with an Australian accept.
Does not have any extras, no fee, very simple, VTMU always ring if they are unsure of a transaction. Very happy with the card.
Read full reviewDoes not have any extras, no fee, very simple, VTMU always ring if they are unsure of a transaction. Very happy with the card.
I like this bank because they know my special interests are also their special interests. The services are competitive and they make house calls.
Read full reviewI like this bank because they know my special interests are also their special interests. The services are competitive and they make house calls.
I can talk to a consultant easily either via phone, online or by visiting the bank. If I visit the bank, I am asked re the issue and within seconds I am speaking to someone. There is usually no lining up or waiting periods to talk to someone.
Read full reviewI can talk to a consultant easily either via phone, online or by visiting the bank. If I visit the bank, I am asked re the issue and within seconds I am speaking to someone. There is usually no lining up or waiting periods to talk to someone.
Charges are minimal, and is easy to use. Service is always about helping the customer, not the bank.
Read full reviewCharges are minimal, and is easy to use. Service is always about helping the customer, not the bank.
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Velocity Platinum Card
23.99% p.a.
No current offer
$375
Velocity Frequent Flyer
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Qantas Discovery Card
23.99% p.a.
No current offer
$0
Qantas Frequent Flyer
Velocity Escape Card
23.99% p.a.
No current offer
$0
Velocity Frequent Flyer
Qantas Ultimate Card
Qantas Frequent Flyer
$450
60,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Blue Visa Credit Card
0% p.a. for 9 months then 20.74% p.a.
0% p.a. for 9 months and then 21.74% p.a.
$60
Flex Card
0% p.a.
No current offer
$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.
StraightUp Card
n/a
No current offer
$240 $20/month - waived if no spend & no balance owing
n0w Credit Card
n/a
No current offer
$228 Monthly fee is waived if account has a $0 balance and if card isn't used during the calendar month.
Platinum Mastercard
0% p.a. for 3 months then 25.80% p.a.
No current offer
$99